A. Williamson’s
B. classical economic
C. Marxist
D. monetarist
Economics Mcqs
Firms that engage in satisficing behavior are likely to be ?
A. Like other firms in their industry.
B. growth maximisers.
C. leading firms in their industry
D. unlike other firms in their industry
If firms satisfice this means that ?
A. managers need to be paid enough to stop them leaving the company
B. objectives such as profit are not maximized
C. short-run profits are maximized
D. long-run profits are maximized
Sales maximization is likely to take place in markets that are ?
A. contestable
B. perfectly competitive
C. oligopolistic
D. export-oriented
The merger of fiber producer and a clothing firm would be ….. merger?
A. horizontal
B. vertical
C. conglomerate
D. homogeneous
The merger of two clothing firms would be a …. merger?
A. horizontal
B. vertical
C. homogeneous
D. conglomerate
Identify below those who are not stakeholders in a company ?
A. Owners
B. Customers
C. Employees
D. None of the above
Which of the following is NOT a common reason for a merger?
A. To increase competition
B. To reduce uncertainty
C. To achieve faster growth
D. To achieve economies of scale
When firm build in Organizational slack they do this in order to ?
A. cope with unforeseen changes
B. maximize growth.
C. minimize conflict within the firm
D. both options one and three
……… is the backbone of the Pakistan economy and the mainstay of our national economic life?
A. Industrial
B. Service
C. Agriculture
D. Trade